Meeting Minutes

May 30, 2013

The monthly meeting of the City of Hornell Industrial Development Agency was held on May 30, 2013, at 3:00 PM, at 40 Main Street, Hornell, NY.

PRESENT: Samuel Nasca, Chairman
               Joseph Foreman, Secretary
               Shawn Hogan, Treasurer
               David Parmley, Asst. Treasurer
               George Prete, Vice Chairman

ALSO:       James Griffin, CEO, Executive Director
               Wanda White, Administrative Asst.
               Jeff Cole, Reporter, Evening Tribune
               John Dagon, Atty.

Chairman Nasca called the meeting to order at 3:00 PM.

MINUTES

Secretary Joseph Foreman made a motion to accept the April 25, 2013 minutes. Motion was seconded by Shawn Hogan. Carried All.

FINANCIAL REPORT

Treasurer Shawn Hogan presented the financial report for the month of April 2013 as reviewed by our accountants Mengel Metzger, & Barr. A motion was made by David Parmley, seconded by Joseph Foreman to approve the financial report as presented. Carried All.

AUDIT COMMITTEE

Committee Chairman George Prete stated the committee had met on 5/30/13 and approved bills in the amount of $290,183.35 for the months of April and May. A motion was made by David Parmley, seconded by Shawn Hogan to approve the actions of the Audit Committee. Carried All.

PERSONNEL COMMITTEE

Personnel Committee Chairman Shawn Hogan stated he had no report.

GOVERNANCE COMMITTEE

Governance Committee Chairman Nasca reported that there was no report.

EXECUTIVE DIRECTOR'S REPORT

IRON HORSE DEPOT

Executive Director Griffin stated that Peter Wall of Universal Health had moved into the Depot and work was still on going. Griffin stated that work would be completed in the next month and a closing on the $250,000 loan from STREDEC should occur in the next two weeks. A motion was made by Joseph Foreman, seconded by George Prete to ratify an increase in expenditures up to $250,000. The motion was put to a vote on roll call, which resulted as follows:

                                          Nasca – Aye               Hogan – Aye
                                          Parmley – Aye            Foreman – Aye
                                          Prete – Aye

The motion was duly carried.

Executive Director also stated that part of the negotiations with Peter Wall, President of the Iron Horse Depot, was to redo the exterior of the building. Bricks needs to be pointed up, 112 windows and 24 doors need to be repaired, cleaned, and painted, and eaves need to be repaired and the building needs to be pressure washed. Bids were sent out for this work and low bidder was Maple City Builders. A motion was made by Dave Parmley, seconded by Shawn Hogan to ratify the awarding of the contract to Maple City Builders in the amount of $38,840.00. The motion was put to a vote on roll call, which resulted as follows:

                                         Nasca – Aye            Hogan – Aye
                                         Parmley – Aye         Foreman – Aye
                                         Prete – Aye

The motion was duly carried.

NEW BUSINESS

AUDIT

The 4/1/12-3/31/13 Audit is now being done and will be completed by end of June. We will also schedule our Annual Meeting in July and will inform the board.

JOB FAIR

On July 17, 2013 a job fair will be held at the Main Place on Main Street. Mr. Griffin said the Chamber, IDA, CSS Workforce, and the Department of Labor will be assisting in the Job Fair.

There being no further business, the meeting was adjourned at 3:40 PM.

Respectfully Submitted,
Joseph Foreman, Secretary